Web news…

Open GI EDI rises 8%

Open GI systems were used to write 2.2 million policies via EDI, during its financial year ended 31 May 2007, the software house said. This was an 8% increase on the previous year.

First published on 20 June

Newcastle appoints L&G

Legal & General was appointed by Newcastle Building Society to provide exclusive household, mortgage payment protection and travel insurance cover to its mortgage and non-mortgage customers.

First published on 20 June

Crawford’s HNW service

Crawford & Company UK launched a high net worth claims service, Crawford Esteem, based in Watford.

First published on 21 June

Brit catastrophe deal

Brit Insurance entered a three-year catastrophe swap contract with Fremantle, a Cayman Islands exempted company, that would pay Brit up to $200m in the event of four to nine qualifying natural catastrophes.

First published on 22 June

Names appeal fails

A bid by Lloyd’s Names to reopen the fraud claim against Lloyd’s has failed in the Appeal Court. The Names had argued that further evidence has emerged, but the judge dismissed the case.

First published on 22 June

St Paul appoints Sir John

Sir John Carter has been appointed non-executive chairman of St Paul Travelers Insurance Company (UK). He is currently chairman of the National House Building Council.

First published on 20 June

NMB specialist division

Lloyd's broker, Newman Martin and Buchan has widened its footprint in the capital market with the launch of a specialist division.

First published on 20 June